KARACHI, April 9 (APP): Pakistan Navy has successfully conducted test launch of shore based anti-ship Zarb Missile on Saturday.
A PN statement said that the trial was conducted in Arabian Sea and weapon launched from coastal site successfully engaged the surface target.
The test further consolidates Pakistan’s capability for defence
of the country. The PN statement said that speaking on the occasion, Vice Admiral Zafar Mahmood Abbasi, Deputy Chief of Naval Staff (Operations), lauded the efforts of those involved.
Pakistan Navy Inducts Zarb Missile
Meeting reviews progress of withdrawal of concessionary SROs
ISLAMABAD, Apr 9 (APP): Finance Minister Senator Ishaq
Dar on Saturday held a meeting with senior officials of Federal Board of Revenue (FBR) to review progress of complete withdrawal of concessionary SROs and Tax exemptions.
Chairman FBR briefed the meeting about the third and
final phasing out plan for withdrawal of concessionary regime
under the head of Income Tax.
Earlier last month a meeting, held at FBR, had discussed
the phasing out plan in respect of Sales Tax, Federal Excise
Duty and Customs.
Dar to attend WB, IMF spring meetings in Washington from 15-17 April
ISLAMABAD, Apr 9 (APP): Finance Minister, Senator
Mohammad Ishaq Dar, along with a delegation, would be
visiting Washington from April 15-17 to attend the World
Bank and International Monetary Fund (IMF) spring meetings.
During the visit, Finance Minister will also represent
Pakistan at the Global Connect Initiative (GCI) event, which
is being co-hosted by President WB and US Secretary of State.
He will also visit the Woodrow Wilson Center for a talk
on the growth strategy of Pakistan.
Chinese investors invited to Punjab's Safe Drinking Water Project
BEIJING, Apr 9 (APP): Government of Punjab province will welcome Chinese businessmen, firms and joint ventures to invest in a multi-million dollar project to provide clean drinking water facilities to the people of rural and peri-urban areas of the Punjab province, reports Chinese official media Saturday.
The Punjab provincial Minister for Public Health, Housing and Urban Development Tanveer Aslam Malik offered invitations to Chinese investors during a Seminar held at the Pakistan Embassy in Beijing Friday, reports China official news portal China.org.cn.
The Minister led a delegation from Punjab province to showcase the project in China and to invite prospective investors.
PML(N) Parliamentary Board discuss candidates for AJK elections
ISLAMABAD, Apr 9 (APP): Parliamentary Board of Pakistan Muslim League (N) Azad Kashmir held a meeting at Punjab House on Saturday and discussed award of tickets to candidates for the next elections of AJK Legislative Assembly.
The meeting, chaired by PML(N) Chairman Raja Zafarul Haq,
was attended by Minister for Information and Broadcasting Senator Pervaiz Rashid, Special Assistant to Prime Minister Dr Asif Kirmani, Chief Minister Gilgit Baltistan Hafeezur Rehman, Federal Minister for Kashmir Affairs Barjis Tahir, Sardar Sikandar Hayat Khan, Raja Farooq Haider, Shah Ghulam Qadir, Chaudhry Tariq Farooq, Dr Najeeb
Khan Naqi, Chaudhry Muhammad Aziz, Sardar Abdul Khaliq Wasi, Sardar Mehtab Ahmad Khan, Naseeb Ullah Gardezi and Siddiqul Farooq.
Talking to media on the occasion, Dr Asif Kirmani said during
the meeting of the Parliamentary Board of PML(N) AJK, the candidates of Legislative Assembly LA-1 to LA-12 of Mirpur Division informed the Board about the election situation in their constituencies.
Siddiqui for promoting Allama Iqbal's ideology
LAHORE, April 9 (APP): Prime Minister’s Advisor on National History and Literary Heritage, Irfan Siddiqui Saturday underscored the need for formulating short and long-term programmes aimed at promoting ideology of the great thinker and Poet of the East Dr. Allama Muhammad
Iqbal (RA).
Chairing the 44th Governing Body meeting of Iqbal Academy Pakistan (IAP) here at Aiwan-e-Iqbal, he said the IAP must now pay serious attention towards the targets and objectives for which this Academy had been established.
The IAP Governor Body meeting also took various decisions pertaining to re-freezing of the IAP accounts; payment of long-pending dues to the quarters concerned and publishing of books on the life and ideology of Allama Muhammad Iqbal.
SECP organizes roundtable on employees provident fund rules, 2016
ISLAMABAD, Apr 9 (APP): The Securities and Exchange Commission of Pakistan (SECP) has conducted a consultative roundtable to seek feedback on Draft Employees Provident Fund (Investment in Listed
Securities) Rules, 2016 (Rules) from market participants.
The said rules are aimed at regulating the investment made
from the employees’ provident fund by companies and institutions and important to safeguard the employee’s savings, said a statement here on Saturday.
A large number of stakeholders from corporate sector, professional associations, and members of bar associations attended the roundtable.
34 militants killed in Balochistan: Home Minister
QUETTA, April 09 (APP): The Provincial Home Minister, Mir Sarfaraz Bugti has said that 34 alleged militants including a top commander Mir Abdul Nabbi Bangulzai have been killed in security operation in Johan area during last three days.
Addressing a press conference along with spokesman for Balochistan government, Anwar Ul Haque Kakar, here on Saturday, he said that security operation was underway in Johan area of Kalat district for last three days, during that around 34 alleged militants among them a top commander were killed.
Commander Abdul Nabbi Bangulzai was also among the militants who were killed in Johan security operation, he said.
ICCI calls for political stability to revive the economy
ISLAMABAD, Apr 9 (APP): Islamabad Chambers of Commerce and Industry (ICCI) has called upon all stakeholders to work for establishing strong political stability which was key requirement for growth of business and investment activities and steering the country out of economic problems.
Atif Ikram Sheikh, President, ICCI said that economy had just started to revive from its slow growth mode, but the re-emergence of volatile political atmosphere could derail this process which would not benefit the country.
“It is high time that a national consensus should be developed on the core economic agenda to put the country on the path of sustainable growth”, the ICCI president said in a statement issued here on Saturday.
Folk Festival of Pakistan “Lok Mela” in full swing
ISLAMABAD, Apr 9 (APP): The on going Folk Festival of Pakistan “Lok Mela”, organized by the National Institute of Folk and Traditional Heritage, here at Shakarparian is immensely contributing towards documenting and preserving traditional folk crafts and projecting crafts people.
The glimpses of rural folk and traditional heritage of different
provinces and regions including remotest parts have coloured the grounds of the Federal Capital for ten days.
Besides several other features for families and children, exhibition ofArtisans at work is a major attraction for the visitors at Lok Mela.